All Forum Posts by: Glendon Anderson

This 6 unit Apt located 1130 W Davidson Ave, Gastonia, NC is a 2/1 rented @ $425. 5 units currently rented and 1 being use as a storage unit for current owner but need cosmetic repair.

Projected monthly gross income = (6x425) = $2550

Tenant pay own heat & electricity,

Water is $35/unit ($35x6 = $210/Mo)

Dumpster $100 per month

Taxes $175/Mo

Insur Est. $130 per month

Price to Sell $131,000

Also available is a 2/1 Duplex located 1 mile away from 6 unit 405 Digh St, Gastonia with a potential gross income of $1050 per month. 1 unit currently rented at $525 per month, other unit currently vacant. Price is $57,500.

Call if interested:

Glen  

347-210-5974

This is a nice 3 Bedroom 1 Bath Single-Family Home located off 8432 East W T Harris Blvd, Charlotte with great potential Only need $9-12K in cosmetic repairs to be rental ready. Property is 1 minute from a newly built Wal-Mart. It is 1,334sq ft sitting on 0.53 acres, built in 1955. There are lot of development in this area most noticeable are townhomes recently built.

 Watch Virtual Tour Here.

https://www.youtube.com/watch?v=uixZfo_j6T4

Investors Details;

ASKING ONLY $64,000

Repairs $9k-12k (Carpet, Kitchen, Mold Treatment, Paint, A/C)

ARV Est. - $95-100k

Rents between $900-$950

Recent Comps in the area for 3/1 are between $97-$104k.

Yearly Income = $10,800

Yearly Expense = $1956 (Taxes & Insu) ROI = 11% Call or email for more details -Glendon (704) 750-9065 Email: [email protected]

DESCRIPTION

Buy and Hold gets no easier than this one. No banks or hard money needed. This is a nice 3/1 with all the work already done. Move in ready.

ONLY $10k down and $580/mo will get you into this property. Owner financing available. Your credit score is not an issue.

Property recently rehab so all the hard work done for you. This is a great opportunity for anyone trying to own their first home or simply would like to add their first/second or more investment property to your portfolio.

Email for pictures and property address.

Rent in this area is $950/mo

Operating Expense - Mortg - $580/mo tax-$80 Insu-$65 maint-$100

NOI - $1500 (Cap = $15%) base $10k downpay.

More cash in your pocket if you buy all cash.

HURRY!!! this won't last. 

KEY FEATURES

Year Built: 1971
Sq Footage: 1000 sqft.
Bedrooms: 3 Beds
Bathrooms: 1 Bath
Parking: 2 Off street
Laundry: In Unit
Lot Size: 10454 Square Feet

Property Type: Single Family House

PROPERTY FEATURES

• Living room
• Walk-in closet
• Refrigerator
• Yard
• Heat: forced air
• Central A/C

COMMUNITY FEATURES

• Off-street parking

Hi Investors,

Please see details below for a great investment opportunity on a 3/1.5.

Description:
Single Family located on Highland Ave, Charlotte, NC with 1161 Sq. Year Built: 1928. Upper level has 3 bedrooms, living, kitchen with nook, full bath. Lower level has work area and 1/2 bath

Details: Partially rehabbed, repair estimates $20k-25k (Depending on intentions).

Comps run between $81,000 - $86,000
Rent estimate in area - $900/month estimated

Asking Price - *****ONLY $30,000*****

Please email for more details.

See property here

www. youtube .com/ watch?v=4EiuIhLGNDw

Thank you and have a blessed day!

@Amnon N. Welcome to BP. This is definitely a great place to learn and grow your investment business. Charlotte is a great target market. It is one of the top 10 fastest growing US cities and there are lots of properties here with high equity.

I am an investor in Charlotte and have inventories of investment properties with great ROI and CAP rate ready to sell. Please reach out and we can discuss further.

-Glen 

Hi Fellow Investors,

Please see details below for a great investment opportunity on a 2/1.  

No repairs needed, ready to rent.

Single Family 2/1 located in Charlotte, NC with 822 Sq.

House has good rental history. Well built home with pine plank walls and closets, hardwood floors except for kitchen and bath. Neat details such as arched doorway, original fireplace. Enclosed side porch has washer and dryer hook ups. New roof 2008.

Year Built: 1951

Estimate Price = $62,000

Ask Price - *****Only $39,400***** (39,400 in + closing)

Gross Monthly Rent = $670

Tax = $55/mo Insur = $50mo Maint = $100/mo

Annual NOI = $465 x 12 = 5580 (14.16% ROI)

Please email for more details or for more information on other inventories.

Thank you and have a bless day!

Hello Everyone,

I have two great rental properties available right now. details listed below

No rehabbing or repairs needed.

Single Family 3/1 located in Concord, NC with 752 Sq.

Year Built: 1930 

Estimate Price $52,000

Ask Price - *****Only $25,800***** (25,800 in + closing)

Gross Monthly Rent = $400-$600 (Currently Rented) (Can be rented for $600 base on current market rent within the area).

Tax = $35/mo Insur = $50mo Maint = $100/mo

NOI = $215 x 12 = 2580 10% ROI (Base on $400/mo)

Please email for more details or for more information on other inventories.

Thank you and have a bless day!

@Roland Paicely 

Thanks for the welcome. Please do inbox your contact so we can talk further. 

-Glendon

Hello Cindy! 

I appreciate your response. I love Charlotte it is a really great city. I haven't analyze my market yet. I am currently building my power team which will include an investor friendly realtor who would assist with comps. My focus will be the areas most attractive to cash buyers and investors. My email address is [email protected] and my phone 347-210-5974. 

Glendon

Hello Folks,

My name is Glendon. I am Real Estate Investor recently move to Charlotte, NC from NYC. I hoping someone would provide me with a name or two of a investor friendly title attorney and also a investor friendly real estate agent. 

I am also looking to network and partner with other investors in the area. 

Thanks!